India has 25 days of crude oil and refined oil stocks and is scouting for alternative sources for importing crude oil, LPG and LNG, government sources have confirmed. There is no immediate plan to raise the price of petrol and diesel, according to government sources. However, there is bound to be impact where gas and oil is concerned with the closure of the Strait of Hormuz. About 80 per cent of the oil that India depends on comes from Iran and through the Strait of Hormuz. The Strait of Hormuz has been shut for the past 48 hours. Energy analyst Chetan Bhutani states that ‘strategic reserves can support LPG and LNG demand for about 15 to 20 hot days, if needed, while crude oil reserves are estimated to last about 40 to 45 days in the event of supply disturbances.’
#IndiaOilStocks #CrudeOilReserves #PetrolDieselPrice #itwebvideos #StraitOfHormuz #IndiaEnergy #OilImports #LPGSupply #LNGImports #EnergySecurity #IranOil #WestAsiaConflict #FuelPrices #StrategicReserves #OilCrisis #IndiaNews #EnergyPolicy #OilSupplyChain #GeopoliticalTensions #PetroleumReserves #FuelSecurity #OilShortage #EnergyCrisis #IndianEconomy #GlobalOilMarket #AlternativeEnergySources
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India’s leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.
Stay tuned for latest updates and in-depth analysis of news from India and around the world!
For more updates, subscribe our channel: https://www.youtube.com/channel/UCYPvAwZP8pZhSMW8qs7cVCw?sub_confirmation=1
For LIVE updates, analysis, and expert opinions — only on India Today
https://youtube.com/live/sYZtOFzM78M
https://youtube.com/live/lNe8hisFwMM
NewsToday with Rajdeep sardesai: https://youtube.com/playlist?list=PLPPKwCCueQ_BDuN36y_c4eIFbbsTWudmi&si=Afk5JfoGFBsX8lvH
India First with Gaurav Sawant: https://youtube.com/playlist?list=PLPPKwCCueQ_BFk7nVk4khuMvyci5nuX4Z&si=iYuw0hIt9NTcrcOo
To The Point with Preeti Choudhry: https://youtube.com/playlist?list=PLPPKwCCueQ_AARG0z9XWZ3_lMCiLlMzfD&si=5AewBYYZZC-GkCny
NewsTrack with Marya Shakill: https://youtube.com/playlist?list=PLPPKwCCueQ_AzhqTbhMb8kfaauJmeH_IQ&si=Pzh_FY-lYsSoSEVJ
WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00
Download App: https://indiatoday.link/wHaj
Follow us: Official website: https://www.indiatoday.in/
Twitter: https://twitter.com/IndiaToday
Facebook: https://www.facebook.com/IndiaToday
